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⟩ Explain payment Method in Accounts Payable?

A funds disbursement payment method is a medium by which the first party payer, or deploying company, makes a payment to a third party payee, such as a supplier. You can use a payment method to pay one or more suppliers. Oracle Payments supports several payment methods for funds disbursement, including the following:

☛ Check

☛ Electronic

☛ wire

☛ Clearing

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